Mentiga Corporation Bhd (5223) - Net Assets

Latest as of September 2025: RM224.08 Million MYR ≈ $56.26 Million USD

Based on the latest financial reports, Mentiga Corporation Bhd (5223) has net assets worth RM224.08 Million MYR (≈ $56.26 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM345.03 Million ≈ $86.63 Million USD) and total liabilities (RM120.95 Million ≈ $30.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Mentiga Corporation Bhd balance sheet liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM224.08 Million
% of Total Assets	64.94%
Annual Growth Rate	9.84%
5-Year Change	20.18%
10-Year Change	74.45%
Growth Volatility	16.46

Mentiga Corporation Bhd - Net Assets Trend (2012–2024)

This chart illustrates how Mentiga Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Mentiga Corporation Bhd for the complete picture of this company's asset base.

Annual Net Assets for Mentiga Corporation Bhd (2012–2024)

The table below shows the annual net assets of Mentiga Corporation Bhd from 2012 to 2024. For live valuation and market cap data, see Mentiga Corporation Bhd market cap and net worth.

Year	Net Assets	Change
2024-12-31	RM225.04 Million ≈ $56.50 Million	-3.21%
2023-12-31	RM232.51 Million ≈ $58.37 Million	+29.56%
2022-12-31	RM179.45 Million ≈ $45.06 Million	-7.41%
2021-12-31	RM193.83 Million ≈ $48.66 Million	+3.50%
2020-12-31	RM187.26 Million ≈ $47.02 Million	+0.45%
2019-12-31	RM186.42 Million ≈ $46.80 Million	+35.38%
2018-12-31	RM137.70 Million ≈ $34.57 Million	+2.77%
2017-12-31	RM133.99 Million ≈ $33.64 Million	+0.26%
2016-12-31	RM133.65 Million ≈ $33.55 Million	+3.60%
2015-12-31	RM129.00 Million ≈ $32.39 Million	+37.23%
2014-12-31	RM94.00 Million ≈ $23.60 Million	-3.09%
2013-12-31	RM97.00 Million ≈ $24.35 Million	+32.88%
2012-12-31	RM73.00 Million ≈ $18.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mentiga Corporation Bhd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 3363583000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	RM71.79 Million	31.90%
Other Components	RM190.80 Million	84.78%
Total Equity	RM225.04 Million	100.00%

Mentiga Corporation Bhd Competitors by Market Cap

The table below lists competitors of Mentiga Corporation Bhd ranked by their market capitalization.

Company	Market Cap
Jackpot Digital Inc V:JJ	$10.65 Million
S. Pack & Print Public Company Limited BK:SPACK	$10.66 Million
Talisman Mining Ltd AU:TLM	$10.66 Million
Patriot Resources Ltd AU:PAT	$10.66 Million
K-Tig Ltd AU:KTG	$10.63 Million
Prasidha Aneka Niaga Tbk JK:PSDN	$10.63 Million
Dromeas SA AT:DROME	$10.62 Million
Toyo Ventures Holdings Bhd KLSE:7173	$10.62 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mentiga Corporation Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 232,507,510 to 225,044,750, a change of -7,462,760 (-3.2%).
Net loss of 4,682,650 reduced equity.
Other factors decreased equity by 2,780,110.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM-4.68 Million	-2.08%
Other Changes	RM-2.78 Million	-1.24%
Total Change	RM-	-3.21%

Book Value vs Market Value Analysis

This analysis compares Mentiga Corporation Bhd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.19x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 0.32x to 0.19x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	RM1.91	RM0.61	x
2017-12-31	RM1.91	RM0.61	x
2018-12-31	RM1.97	RM0.61	x
2019-12-31	RM2.66	RM0.61	x
2020-12-31	RM2.68	RM0.61	x
2021-12-31	RM2.77	RM0.61	x
2022-12-31	RM2.56	RM0.61	x
2023-12-31	RM3.32	RM0.61	x
2024-12-31	RM3.21	RM0.61	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mentiga Corporation Bhd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -2.08%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -15.45%
• Asset Turnover: 0.09x
• Equity Multiplier: 1.54x
Recent ROE (-2.08%) is below the historical average (-2.05%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	2.68%	28.24%	0.07x	1.36x	RM-9.78 Million
2017	0.78%	7.88%	0.07x	1.39x	RM-12.36 Million
2018	2.70%	23.03%	0.08x	1.40x	RM-10.06 Million
2019	1.72%	21.04%	0.06x	1.39x	RM-15.44 Million
2020	0.45%	5.62%	0.06x	1.41x	RM-17.89 Million
2021	-9.21%	-159.70%	0.04x	1.44x	RM-37.24 Million
2022	-10.05%	-122.24%	0.05x	1.53x	RM-35.99 Million
2023	-5.44%	-44.59%	0.08x	1.50x	RM-35.89 Million
2024	-2.08%	-15.45%	0.09x	1.54x	RM-27.19 Million

Industry Comparison

This section compares Mentiga Corporation Bhd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

Industry: Farm Products
Average net assets among peers: $507,870,634
Average return on equity (ROE) among peers: 3.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mentiga Corporation Bhd (5223)	RM224.08 Million	2.68%	0.54x	$10.63 Million
Green Ocean Corporation Bhd (0074)	$20.36 Million	1.37%	1.88x	$3.98 Million
MAG Holdings Berhad (0095)	$816.10 Million	4.21%	0.49x	$76.43 Million
Greenyield Bhd (0136)	$57.31 Million	4.41%	0.36x	$25.74 Million
Heng Huat Resources Group Bhd (0175)	$189.27 Million	14.09%	0.33x	$28.17 Million
Matang Bhd (0189)	$226.98 Million	1.81%	0.02x	$44.99 Million
Pinehill Pacific Bhd (1902)	$199.23 Million	-4.96%	0.01x	$17.30 Million
Chin Teck Plantations Bhd (1929)	$1.09 Billion	18.36%	0.06x	$252.32 Million
Kretam Holdings Bhd (1996)	$924.00 Million	-0.54%	0.28x	$391.83 Million
Negri Sembilan Oil Palms Bhd (2038)	$466.00 Million	3.86%	0.10x	$94.82 Million
TDM Berhad (2054)	$1.09 Billion	-6.87%	0.97x	$93.00 Million

About Mentiga Corporation Bhd

KLSE:5223 Malaysia Farm Products

Market Cap

$10.63 Million

RM42.35 Million MYR

Market Cap Rank

#26877 Global

#840 in Malaysia

Share Price

RM0.61

Change (1 day)

+6.14%

52-Week Range

RM0.42 - RM0.80

All Time High

RM0.97